The British Empire with an over abundance of opium: Don’t you DARE interfere with our right to sell it (outside of Britain, we don’t want that shit here). We will start killing you if you try.
The People’s Republic of China with an over abundance of basically everything else: Buy it if you want. No biggie if you don’t.
The Economist: One of these things is unforgivable.
Bad guys China operating on a ”might makes right” industrial policy (whatever that means):
Good guys USA couping, bombing and invading the global south:
might makes right
the essence of capitalism.
Wtf is overcapacity. You mean exports?
Western companies: take all industry to China in order to produce more affordably and then export those products to the west for higher profit
Western capitalist journalists: oh no China is so evil for exporting!
capital sowing: the government must not set the economic/industrial agenda, it must all be left to the markets
capital reaping:
What’s the crime? For enjoying a deal? A succulent Chinese deal?
Get your (invisible) hands off my market!
industrial policy rests on a simple principle: might makes right
As opposed to colonialist countries’ foreign policy resting on the principle: huggy wuggies for everybody
How dare a sovereign nation participate in the “free market” capitalist society.
Overcapacity destroys capitalism btw
Oh no. China can sell everything for 1/5 price and still have profits.
GDP god becomes very sad when plebes have more options
Economy of scale? In my modern economy?!
Say the line, Lenin!
Even Marx straight up said that Economist is the organ of aristocracy of finance, they were always the propaganda tube for most reactionary forms of capitalism.
The gall of these publications. Complete Garbage.
‘Hey! You can’t hang me with this! I sold you this rope! No fair!’
